THIS ONE THING has to stop when talking about Xbox buying Activision Blizzard
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Seriously, the console war discourse and cheerleading for multi-billion dollar corporations is just weird.
On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in cash. Under the terms of the agreement, Microsoft would own Activision, Blizzard Entertainment, and King under the Xbox Game Studios (Microsoft Gaming) division.
The acquisition would give Microsoft ownership of franchises including Call of Duty, Crash Bandicoot, Spyro, Warcraft, StarCraft, Diablo, Overwatch, and Candy Crush. If approved by international regulators, it would be the largest video game acquisition in history. Sony has publicly argued against the merger, claiming that the combined company would deny the PlayStation platform of games like Call of Duty by making them console exclusive to the Xbox family, but has subsequently agreed to Microsoft's assurance to maintain Call of Duty on the PlayStation platform after the merge.
Several countries have approved the merger without any concessions from Microsoft, including the European Commission and China. The U.S. Federal Trade Commission (FTC) and the UK's Competition and Markets Authority (CMA) formally filed complaints to block the acquisition on the basis that the merger would hinder competition, particularly in the cloud gaming sector. As part of its attempts to appease these concerns, Microsoft committed to offering Call of Duty and other games to Sony and a host of new console and cloud gaming platforms for a decade. The FTC failed to gain a preliminary injunction to stop the merger prior to the planned closure date in July 2023, and the CMA subsequently agreed to put the case on hold to negotiate with both companies.
#Microsoft #Activision #ActivisionBlizzard
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